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We consider the use of pricing as a regulatory mechanism when an unknown number of autonomous agents compete for access to a shared resource (possibly limited in volume or capacity). In standard dynamic pricing control systems, an…

The design of integrated mobility-on-demand services requires jointly considering the interactions between traveler choice behavior and operators' operation policies to design a financially sustainable pricing scheme. However, most existing…

综合经济学 · 经济学 2020-06-09 Tai-Yu Ma , Sylvain Klein

The proliferation of ride sharing systems is a major drive in the advancement of autonomous and electric vehicle technologies. This paper considers the joint routing, battery charging, and pricing problem faced by a profit-maximizing…

系统与控制 · 电气工程与系统科学 2020-10-05 Berkay Turan , Ramtin Pedarsani , Mahnoosh Alizadeh

Dynamic pricing is commonly used to regulate congestion in shared service systems. This paper is motivated by the fact that in the presence of users with varying price sensitivity (responsiveness), conventional monotonic pricing can lead to…

系统与控制 · 电气工程与系统科学 2026-03-24 Yingqing Chen , Anni Li , Christos G. Cassandras , Homayoun Hamedmoghadam , Fabian Wirth , Robert Shorten

A system manager makes dynamic pricing and dispatch control decisions in a queueing network model motivated by ride-hailing applications. A novel feature of the model is that it incorporates travel times. Unfortunately, this renders the…

最优化与控制 · 数学 2026-05-27 Amir Anastasios Alwan , Baris Ata , Yuwei Zhou

We consider a profit maximization problem in an urban mobility on-demand service, of which the operator owns a fleet, provides both exclusive and shared trip services, and dynamically determines prices of offers. With knowledge of the…

最优化与控制 · 数学 2018-02-13 Han Qiu , Ruimin Li , Jinhua Zhao

Dynamic ride-sharing services, including ride-pooling offered by ride-hailing platforms and demand-responsive buses, have become an essential part of urban mobility systems. These services cater to personalized and on-demand mobility…

系统与控制 · 电气工程与系统科学 2023-05-15 Wang Chen , Jintao Ke , Linchuan Yang

In ridesharing platforms such as Uber and Lyft, it is observed that drivers sometimes collaboratively go offline when the price is low, and then return after the price has risen due to the perceived lack of supply. This collective strategy…

计算机科学与博弈论 · 计算机科学 2022-02-16 Chenkai Yu , Hongyao Ma , Adam Wierman

Autonomous vehicles will be an integral part of ride-sharing services in the future. This setting differs from traditional ride-sharing marketplaces because of the absence of the supply side (drivers). However, it has far-reaching…

计算机科学与博弈论 · 计算机科学 2023-03-07 Diptangshu Sen , Arnob Ghosh

This paper presents a new ridesharing simulation platform that accounts for dynamic driver supply and passenger demand, and complex interactions between drivers and passengers. The proposed simulation platform explicitly considers driver…

多智能体系统 · 计算机科学 2022-05-17 Rui Yao , Shlomo Bekhor

The energy transition is expected to significantly increase the share of renewable energy sources whose production is intermittent in the electricity mix. Apart from key benefits, this development has the major drawback of generating a…

交易与市场微观结构 · 定量金融 2023-01-30 Thibaut Théate , Antonio Sutera , Damien Ernst

Ridesharing markets are complex: drivers are strategic, rider demand and driver availability are stochastic, and complex city-scale phenomena like weather induce large scale correlation across space and time. At the same time, past work has…

最优化与控制 · 数学 2022-05-20 J. Massey Cashore , Peter I. Frazier , Eva Tardos

Ride-hailing marketplaces like Uber and Lyft use dynamic pricing, often called surge, to balance the supply of available drivers with the demand for rides. We study driver-side payment mechanisms for such marketplaces, presenting the…

计算机科学与博弈论 · 计算机科学 2021-03-09 Nikhil Garg , Hamid Nazerzadeh

Mobility-on-Demand (MoD) systems have become a fixture in urban transportation networks, with the rapid growth of ride-hailing services such as Uber and Lyft. Ride-hailing is typically complemented with ridepooling options, which can reduce…

系统与控制 · 电气工程与系统科学 2021-12-30 Yang Liu , Qi Luo , Raga Gopalakrishnan , Samitha Samaranayake

This paper investigates the impacts of competition in autonomous mobility-on-demand systems. By adopting a network-flow based formulation, we first determine the optimal strategies of profit-maximizing platform operators in monopoly and…

最优化与控制 · 数学 2021-07-27 Berkay Turan , Mahnoosh Alizadeh

Contrary to traditional transit services, supply in ridesourcing systems emerges from individual labour decisions of gig workers. The effect of decentralisation in supply on the evolution of on-demand transit services is largely unknown. To…

物理与社会 · 物理学 2022-01-27 Arjan de Ruijter , Oded Cats , Rafal Kucharski , Hans van Lint

Ride-hailing platforms typically classify drivers as either employees or independent contractors. These classifications tend to emphasize either wage certainty or flexibility, but rarely both. We study an alternative or complementary…

最优化与控制 · 数学 2024-08-27 Andrés Fielbaum , David Salas , Ruilin Zhang , Francisco Castro

This paper is concerned with the determination of pricing strategies for a firm that in each period of a finite horizon receives replenishment quantities of a single product which it sells in two markets, e.g., a long-distance market and an…

最优化与控制 · 数学 2015-09-25 Wen , Chen , Adam Fleischhacker , Michael N. Katehakis

Minimizing the peak power consumption and matching demand to supply, under fixed threshold polices, are two key requirements for the success of the future electricity market. In this work, we consider dynamic pricing methods to minimize the…

In an electric power system, demand fluctuations may result in significant ancillary cost to suppliers. Furthermore, in the near future, deep penetration of volatile renewable electricity generation is expected to exacerbate the variability…

最优化与控制 · 数学 2012-07-13 John N. Tsitsiklis , Yunjian Xu
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